Gabon has potential as a frontier region
Gabon’s upstream moves forward
Independents see ongoing opportunities for expansion in the West African nation
Gabon is on course to increase its oil production next year, demonstrating its potential as a frontier region. But new initiatives in its E&P industry is increasingly dominated by independents rather than oil majors. The West African country’s Dussafu Marin permit comprises an offshore licence area with multiple discovered fields and is owned by a joint venture (JV) comprising Norwegian operator BW Energy (73.5pc), Oslo-based Panoro Energy (17.5pc) and state-owned Gabon Oil Company (10pc). Within the cluster, the JV is already producing oil from the Tortue field and continues to advance its Hibiscus/Ruche development, where operator BW expects first oil “in late 2022”. The JV plans to
Also in this section
10 March 2026
Eni’s director for global gas and LNG portfolio, Cristian Signoretto, discusses how demand will respond to rising LNG supply, and how the company is expanding its own gas and LNG operations through disciplined, capital-efficient investments
9 March 2026
Petroleum Economist analysis sees increases in output from Saudi Arabia, Venezuela and Kazakhstan among others before region’s murky descent
9 March 2026
Energy sanctions are becoming an increasingly prominent tool of US foreign policy, with the country’s growth in oil and gas production allowing it to impose pressure on rivals without jeopardising its own energy security or that of its allies, argues Matthew McManus, a visiting fellow at the National Center for Energy Analytics
6 March 2026
The March 2026 issue of Petroleum Economist is out now!
